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Meiloon Industrial Co Stock

Meiloon Industrial Co P/E 2024

Meiloon Industrial Co P/E

88.56

Ticker

2477.TW

ISIN

TW0002477007

As of Sep 16, 2024, Meiloon Industrial Co's P/E ratio was 88.56, a 41.76% change from the 62.47 P/E ratio recorded in the previous year.

The Meiloon Industrial Co P/E history

Meiloon Industrial Co Aktienanalyse

What does Meiloon Industrial Co do?

Meiloon Industrial Co Ltd is a Taiwanese company specializing in the manufacturing of precision tools. The company was founded in 1984 by George Chang and is headquartered in Taichung, Taiwan. Meiloon's business model is based on precision, quality, and innovation. They aim to provide their customers with the best possible tools to increase productivity and reduce costs. Meiloon offers various product lines tailored to meet the needs of their customers, including carbide tools, HSS tools, and special tools. They also have their own development department that constantly works on creating new tools and technologies. Meiloon's products are used in a wide range of industries, such as automotive, aerospace, medical technology, electronics, watchmaking, and jewelry manufacturing. The company focuses on precision and quality, utilizing modern technologies to ensure the highest accuracy. They also prioritize research and development, collaborating with universities and research institutions to create innovative solutions for the tool industry. Overall, Meiloon is recognized for its precision, quality, and innovation, and is committed to providing the best possible solutions to meet the needs of their customers. Meiloon Industrial Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Meiloon Industrial Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Meiloon Industrial Co is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Meiloon Industrial Co's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Meiloon Industrial Co is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Meiloon Industrial Co’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Meiloon Industrial Co stock

What is the price-to-earnings ratio of Meiloon Industrial Co?

The price-earnings ratio of Meiloon Industrial Co is currently 88.56.

How has the price-earnings ratio of Meiloon Industrial Co changed compared to last year?

The price-to-earnings ratio of Meiloon Industrial Co has increased by 41.76% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Meiloon Industrial Co high compared to other companies?

Yes, the price-to-earnings ratio of Meiloon Industrial Co is high compared to other companies.

How does an increase in the price-earnings ratio of Meiloon Industrial Co affect the company?

An increase in the price-earnings ratio of Meiloon Industrial Co would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Meiloon Industrial Co affect the company?

A decrease in the price-earnings ratio of Meiloon Industrial Co would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Meiloon Industrial Co?

Some factors that influence the price-earnings ratio of Meiloon Industrial Co are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Meiloon Industrial Co pay?

Over the past 12 months, Meiloon Industrial Co paid a dividend of 2.4 TWD . This corresponds to a dividend yield of about 7.49 %. For the coming 12 months, Meiloon Industrial Co is expected to pay a dividend of 2.4 TWD.

What is the dividend yield of Meiloon Industrial Co?

The current dividend yield of Meiloon Industrial Co is 7.49 %.

When does Meiloon Industrial Co pay dividends?

Meiloon Industrial Co pays a quarterly dividend. This is distributed in the months of December, January, May, May.

How secure is the dividend of Meiloon Industrial Co?

Meiloon Industrial Co paid dividends every year for the past 20 years.

What is the dividend of Meiloon Industrial Co?

For the upcoming 12 months, dividends amounting to 2.4 TWD are expected. This corresponds to a dividend yield of 7.49 %.

In which sector is Meiloon Industrial Co located?

Meiloon Industrial Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Meiloon Industrial Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Meiloon Industrial Co from 5/31/2024 amounting to 0.5 TWD, you needed to have the stock in your portfolio before the ex-date on 4/25/2024.

When did Meiloon Industrial Co pay the last dividend?

The last dividend was paid out on 5/31/2024.

What was the dividend of Meiloon Industrial Co in the year 2023?

In the year 2023, Meiloon Industrial Co distributed 6.5 TWD as dividends.

In which currency does Meiloon Industrial Co pay out the dividend?

The dividends of Meiloon Industrial Co are distributed in TWD.

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Andere Kennzahlen von Meiloon Industrial Co

Our stock analysis for Meiloon Industrial Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Meiloon Industrial Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.